Greek IMF programme: A thread from a layman's POV.
1/ Greece got the biggest IMF programme in history back in 2010, first programme itself providing about 100B USD. They got probably the biggest debt haircut in history as well.
2/ Greek IMF programme was mainly based on strict austerity measures and serious structural reforms. The austerity measures included public sector layoffs, wage cuts, tax reforms, pension cuts, and spending cuts.
Mar 9, 2023 • 10 tweets • 5 min read
1.0 RW & co. and their supporters are busy trying to claim all the credit for IMF deal. But let's review what their take on #CBSL governor dr. Nandalal has been over the past year.
A thread 👇👇👇
RW almost didn't approve the service extension of Dr. Nandala back in June 2022.
2.0 He was compelled to do so amid pressure from several parties including executives within the CBSL, opposition, and then president Gotabaya. Dinesh Weerakkody was then PM RW's nomination for the CBSL governor post initially.